06.02.2016 - Chartis Projects End User Computing Value at Risk for the 50 Largest Financial Institutions to be Over $12 Billion Dollars

London, U.K., 02 June 2016 Chartis, the leading provider of research on the global market for risk technology, has published a new report that for the first time quantifies in dollar terms the risk associated with End User Computing (EUC) errors. The report estimates that the EUC Value at Risk (VaR) for the 50 largest Financial Institutions is over $12 billion dollars. The VaR calculation does not take into account secondary effects such as regulatory...
Source: RealWire